Category: Stock

The shares of Avenue Supermarts, the parent company of supermarket chain DMart, rallied more than 8% on Wednesday after the firm announced that its store count now stands at 500 following 12 new additions on Tuesday. In an exchange filing, DMart said it opened new stores at three locations in Maharashtra (two in Pune and […]

The shares of oil marketing companies jumped up to 4% on Wednesday as oil prices dropped below the crucial $100 per barrel mark amid rising hopes for the war between Iran and US ending soon, following comments from the respective countries’ leadership. Brent crude futures dropped around 5% to trade at $99.06 per barrel, as […]

Shares of contraceptives maker Cupid Limited surged 8% to the day’s high of Rs 89.75 on the NSE on Wednesday after the company informed the exchanges that it will “comfortably surpass” its FY26 annual guidance of Rs 335 crore in revenue and Rs 100 crore in net profit, supported by strong execution, improving operating leverage, […]

Not all downcycles follow the same dynamics. While each cycle has its own triggers, there has historically been a common thread across every meaningful downturn in India, a weak or deteriorating macro backdrop. Be it the Global Financial Crisis in 2008, the 2013 phase of policy paralysis, or the 2018 deleveraging cycle, market drawdowns were […]

As FY27 begins, a look back at the past year highlights a period marked by global uncertainty and domestic headwinds, with the Nifty 50 declining 5% in the financial year ended March 31, 2026. Despite broader market weakness, PSU bank stocks stood out, delivering an impressive 57% return. This outperformance came amid a challenging backdrop […]

Axis Capital has initiated a ‘Buy’ rating on Meesho with a target price of Rs 195, implying a 34% upside. The optimism stems from the belief that the e-commerce company is well placed to benefit from the sector’s growth, driven by rising penetration in tier-2 and smaller cities. The company could gain by leveraging its […]

Shares of Indian defence companies rallied sharply on Tuesday after fresh geopolitical tensions flared following comments by US President Donald Trump, raising concerns over NATO stability and global security dynamics. Garden Reach Shipbuilders & Engineers (GRSE) led the rally, surging 20%, while Mazagon Dock Shipbuilders jumped 13% and Bharat Dynamics gained 10%. Bharat Electronics rose […]

Japan’s Nikkei share average rose 5% on Wednesday, supported by hopes of de-escalation in the Middle East conflict after U.S. President Donald Trump said the war with Iran could end in two to three weeks. The Nikkei climbed 5.24% to 53,739.68, starting April on ‌a strong ⁠note, after ⁠logging its worst month since the 2008 […]

The shares of Cochin Shipyard rallied around 15% on Wednesday after the stock was added to the NSE‘s futures & options (F&O) segment, leading to expectations of greater liquidity and higher trading volumes. The sharp surge also comes amid a bullish trend in shipyard stocks after Garden Reach Shipbuilders & Engineers (GRSE) reported its highest-ever […]

The shares of banks jumped up to 4% on Wednesday amid broader market optimism as investors increasingly hoped for the war between Iran and US-Israel to end soon, which in turn may cool worries about the macroeconomic impact on India. The sharp surge in bank stocks pushed the Nifty Bank index up nearly 3% to […]